IL&FS Finishes TWO Deal Exchanges UNDER ITS ENERGY BUSINESS
IL&FS Gathering has finished two deal exchanges under its Energy business portfolio - Urjankur Shree Tatyasaheb Kore Warana Power Organization Restricted (Urjankur Warana) and IL&FS Energy Improvement Organization Restricted (IEDCL) Energy Warning Business division-at a total thought of Rs 77.5 crore. In the principal exchange, IL&FS has finished offer of its 33.33 percent stake in Urjankur Warana to Shree Tatyasaheb Kore Warana Sahakari Sakhar Karkhana Ltd (HSF-Host Sugar Processing plant). Urjankur Warana is an SPV mutually advanced by IEDCL, that holds a 33.33 percent stake, and Urjankur Nidhi Trust, holds the equilibrium 66.67 percent stake, in the organization. IEDCL likewise holds a 27.75 percent stake in Urjankur Nidhi Trust alongside Maharashtra Energy Improvement The organization that holds 50% and Shree Datta Shetkari Sakhar Karkhana Ltd holds staying 22.25 per penny stake in the trust. Know more at: ilfsindia.com/media/205469/iedcl-and-urjankur-july-2022.pdf...